Check out other loans that are currently fundraising!
Ali is a 29-year-old married man, father of three beautiful children. He has been working in construction for eight years, and he is specialized in cement work. His business is improving but he needs more cash to buy necessary iron and wood pillars that are so helpful in his business, so that's why he applied for a Youth loan from Kiva partner Al Majmoua.

This is his first time experiencing Al Majmoua loans and he hopes it will reflect positively on his social and financial situation.

Ali is a man with a very good reputation. He is a hard worker who never says I'm tired; he always searches for more work to accomplish.

He hopes he can develop his business more in the future, to open a big contracting and developing company.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

About Al Majmoua – Lebanese Association for Development

The Lebanese Association for Development – Al Majmoua is Lebanon’s leading microfinance institution and the oldest Kiva partner in Lebanon. Al Majmoua’s vision is to “be the leader in creating an inclusive financial system where all people in Lebanon have access to affordable services.” Given Lebanon's diverse population, Al Majmoua lends to all nationalities, provided legal residency. The strong financial position achieved to date has allowed Al Majmoua to steadily lower its pricing over the years.

Based on the belief that non-financial services play a complementary role in improving the quality of life of the most vulnerable entrepreneurs, Al Majmoua has established a solid Business Development Services program for both borrowers and non-borrowers with a focus on women and youth.

About Lebanon

  • $15,800
    Average annual income
  • 61
    View loans »
    Lebanon Loans Fundraising
  • $19,546,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Ali to buy necessary iron and wood pillars to improve his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 14, 2011
Jan 16, 2012
Currency Exchange Loss:
Dec 15, 2012